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 Replies: 12 / Views: 1,846 |
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New Member
Canada
34 Posts |
Hey everyone, I've been posting some topics on this forum to try and get a general understanding of how much my coin (and stamp) collection could be worth. They serve me no purpose as I have no interest in it. It is quite a large collection. I found a company online that says they will travel anywhere in North America and do free appraisels, funded by wealthy collectors I believe, but their submission form doesn't work and neither does their email. Does anyone know of a way to get a large collection appraised without paying a lot of money, I live in a small community in Newfoundland Canada so there are no coin dealers anywhere close. Thanks
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Bedrock of the Community
United States
20753 Posts |
Due to your location that could present problems. By that I mean not much local help. Not sure about Canada but you could try Google for coin shows in your area or somewhere close. Of course you may have to travel some to find one but could be well worth the trip if your collection is substantial. Anther thing you could do is try contacting as many on line dealers as you find on the internet and ask if they could give you such an appraisal. You would have to make a complete list of what you have, how many, grades or conditions and anything else they may want or need.
If your not in a hurry to get rid of those, you may want to just stick around here for a while until you get enough posts to try selling them here. Possibly your best since you would be dealing with members of this forum which are basically honest collectors. One may well make you an offer for the entire collection. You would be amazed at how fast you could accumulate enough posts.
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New Member
 Canada
34 Posts |
I am slowly making a list of the entire collection, but as it is quite a large collection it will take some work. The worst part, in my opinion, is documenting all the stamps, half of the stamps have no year, actually very little information in any way, that would help me make a list, I honestly have no idea how people collect stamps as all they are to me is a piece of paper with no distingushing features that make them interesting, or seperable. Thanks for your reply, lots of great ideas.
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New Member
United States
3 Posts |
Is your coin collection all Canadian? If not, what percentage of them are US coins? Next, I would spend less time on the stamps and more time on the list of your coins. If you can get a Red Book at your library or order a used one on Amazon, that would help. You could see which coins you have that are worth something and then list those. I bet if you came up with a list like that, you would get offers from a lot of us on here. But, you don't have to waste your time listing individual cents or nickels (for example) if they aren't worth more than $1.00, let's say. And I would do the stamps last. Maybe I am biased, but I don't think many people are buying stamps at all. |
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Pillar of the Community
United States
4897 Posts |
Anticipating your list! As usual Carls advice is very solid. If a large % of the coins are Newfoundland coins your task would be finding the right collector. Personally, I think based on mintage/rarity many of the Newfie coins are greatly undervalued. Again finding the right collector for these coins will be your toughest task. Assuming of course any of the collection is Newfoundland coins....
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Pillar of the Community
 Canada
9864 Posts |
Google for coin dealers in the Maritimes,(there are quite a few reputable ones)phone a few,when you find one your comfortable with e-mail them photos like you have posted here,take it from there.Posting pics all over this site isn't going to get you any where if your immediate goal is to sell the coins.
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Rest in Peace
United States
9104 Posts |
 , BHann! Quote:
I found a company online that says they will travel anywhere in North America and do free appraisels, funded by wealthy collectors I believe, but their submission form doesn't work and neither does their email. Did they mention that they won't even look at less than $50-100,000 collections? From what you say, you're not interested in an appraisal as much as an offer. How organized are the collections? Do you have any lists of what's there? You could always box it up and ship it to someone for inspection, or get it together in a car and take a road trip. |
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Rest in Peace
United States
9104 Posts |
Do you have free international long distance? I could answer questions and give you organizational ideas if you like.
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Bedrock of the Community
United States
20753 Posts |
Here is a few additional tips. 1. Be carefull of who you tell what to about what you have. 2. Don't allow your phone, address, etc to get in places like Craigs list or similar. 3. If someone says they want to meet you and make you an offer, be real carefull about that. If so, you may want to suggest meeting in a police station, post office, town hall, etc. 4. Do not publicize your collection so the average person can see what you have available for theft. 5. Make as complete a listing of all the collections as possible. Attempt to not only give dates, mint marks but also possible conditions of coins. 6. Stamps too are rather a problem since most don't have dates, mint marks, etc. There too you would need a stamp person to help identify. 7. The main thing I am trying to impress on you is safety. The theft of coins is really way more than publicized for many reasons. Most criminals know a coin is a coin and it is almost impossible to tell one from another if the same. For example if you had a 1916D Mercury dime, it would be like all the others except for the condition. Crooks know this so be carefull. |
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Pillar of the Community
United States
2254 Posts |
Bhann, now this is what I am talking about. An easy post to understand your intentions. Perfect. Now if you can just answer a few of the questions above or mine below, we'll get you some help. 1. What portion is US coins, world coins, Canadian coins, etc.? 2. How many coins are we talking about? 3. I have numerous years of the RedBook at home. I can send you one if you would like, to aid in your assessment. Keep in mind, all of the price guides out there are just that, "guides". Real value is what someone will pay, or from completed auctions and such. 4. If you come up with a basic list and count(Number of coins), you can start looking at maybe consigning to someone to sell for you. Our forum owners actually do this(Bobby and Susan), although I can't speak for their availability or their current workload. 5. Heed all of Carl's warnings as they are on the mark! |
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New Member
United States
38 Posts |
Tights24, I've been reading all of Bhanns posts and see you trying to help. I think the best and simplest thing for him to do would be simply post pics or make a list of everything he has so someone can give him rough values of everything. Simply put: he wants to know what the value of the collection is so he can sell it.
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Pillar of the Community
United States
2254 Posts |
I agree Kaus. Depending on the size of the collection, a written list will be suffice for now because I doubt anyone would want to list 500 photos let alone potentially more than that. Especially if they are required to be good enough to try to grade from.
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Rest in Peace
United States
9104 Posts |
Quote:
simply post pics or make a list of everything If, for example, he has 712 used pre-65 Roosevelt dimes, we don't need hundreds of MB of pix, because they're all only worth silver content. This is why I suggested a list first. |
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Replies: 12 / Views: 1,846 |
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Posted 01/15/2012 10:32 am
